TRON’s TRX Supply Decreases By 2.41 Billion Tokens Amid Deflationary Strategy

TRON’s native cryptocurrency, TRX, has undergone a notable reduction in its circulating supply over the past year, dropping from 88.97 billion to 86.56 billion tokens. This decrease, amounting to -2.93%, equates to approximately $381.2 million in value. The decline is attributed to ongoing token burns and strategic mechanisms aimed at bolstering long-term value and scarcity. … Read more

MicroStrategy’s Premium Hits Record High As Smart Money Piles Into $MSTR, Despite Phishing Scam Setback

Last week, MicroStrategy’s ($MSTR) premium skyrocketed to a historic high of 161%, fueled by growing market excitement. The surge in interest comes as the company prepares to adopt the new ASC 350 accounting standard by 2025, allowing them to report Bitcoin holdings at fair value. This change could add approximately $3 billion to MicroStrategy’s retained … Read more

Smart Money And Savvy Dex Traders Continue To Accumulate $BANANA

Smart Dex Traders (SDTs) are showing strong confidence in $BANANA, with several high-profile wallets making significant buys in recent hours. One notable wallet, 0xfefe (also known as 4764.eth), has a respectable win rate of 55.91%, having profited on 246 out of 440 trades. Just six hours ago, this trader bought 3,000 $BANANA, investing $154.2K at … Read more

Crypto Ecosystem Development And Market Activity: Solana, Bitcoin, And Bitget In Focus

As of the first week of October, the overall development activity across various blockchain ecosystems provides valuable insights into long-term growth and innovation. Notably, Solana has continued to lead the charge, posting a +10.7% increase in GitHub activity. This uptick highlights the ongoing development and growing competitiveness within the ecosystem. Similarly, Arbitrum and Avalanche also … Read more

Alameda Research Continues Significant Weekly Deposits Of $WLD To Binance Amidst Worldcoin Price Surge

For the past two months, Alameda Research has been making consistent weekly deposits of 143,770 $WLD (currently valued at $265,000) to Binance. Since August 9, the firm has transferred a total of 1.56 million $WLD (worth approximately $2.51 million) in 10 separate batches, with an average price of $1.605 per token. Despite these regular deposits, … Read more

Market Movements: $PORTAL Market Maker Withdraws $2.6M In ZRO From Binance Amidst Price Surge

Earlier today, an address linked to the suspected $PORTAL market maker withdrew a substantial $2.6 million worth of ZRO tokens from Binance. This withdrawal now makes ZRO the address’s second-largest holding, valued at $4.03 million, trailing behind AVAX, which holds the top spot at $13.42 million. 三小时前,疑似 $PORTAL 做市商地址从 #Binance 提出价值 260 万美金的 ZRO,使其成为该地址持仓排名第二的资产(403 万美金),TOP1 … Read more

Justin Sun Receives Significant $EIGEN Deposits As Token Sees Price Surge

Justin Sun recently acquired 3.62 million $EIGEN tokens from EigenLayer’s unlocked supply, valued at $14.1 million, and swiftly deposited them into Binance at an average price of approximately $3.89. Since EigenLayer’s listing on October 1, Sun, through his handle @justinsuntron, has accumulated a total of 8.86 million $EIGEN tokens, amounting to $35.61 million, at an … Read more

Whales Borrow $112.4M In BNB To Farm $SCR Following Binance Launchpool Announcement

After Binance announced the addition of Scroll ($SCR) to its Launchpool, four major crypto whales moved quickly to take advantage of the opportunity. They borrowed a combined 195,500 $BNB, valued at $112.4 million, from the Venus platform and deposited it into Binance to participate in $SCR farming. The largest borrower, wallet address 0x1e7f, took out … Read more